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The British Virgin Islands is a British overseas territory located in the Caribbean to the east of Puerto Rico. The climate is tropical maritime with little seasonal temperature variation. Trade winds keep the islands relatively cool and dry.

The official language is English. Spanish is also spoken. The main religion is Christianity.

The economy of the Virgin Islands is mainly based on tourism and financial services and is one of the more prosperous economies of the Caribbean region.

British Virgin Islanders can be rather formal and private, reflecting historic British customs and social conventions, such as use of title (Mr, Mrs etc.). Expatriate business dress is generally conservative, comprising lightweight suits for most meetings.

The security risk for expatriates in the British Virgin Islands is low. Risk is primarily petty theft.

The currency of the British Virgin Islands is the US Dollar (USD).

Medical facilities are limited. Cases of Chikungunya virus have been reported.

The population of the British Virgin Islands is 28,000 (2018 est.), while the inflation rate (CPI) is 2% for the British Virgin Islands as at November 2016.

Xpatulator Hypothetical Tax for the British Virgin Islands is based on the current personal income tax rate of 0% as there is currently no personal income tax.

Cost Of Living

The cost of living for expatriates / professional migrants in British Virgin Islands as at 1 January 2019 is very high in comparison to other places in the world.

In British Virgin Islands, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):1) Alcohol (where available) & Tobacco: High2) Clothing: High3) Communication: High4) Education: High5) Furniture & Appliances: Very High6) Groceries: Very High7) Healthcare: High8) Household Accommodation: Very High9) Miscellaneous: High10) Personal Care: Very High11) Recreation & Culture: High12) Restaurants Meals Out and Hotels: Very High13) Transport: Very High

British Virgin Islands is for example 20.4% more expensive than USA for groceries, 36.5% more expensive for household costs than UK, and 165.9% more expensive for transport costs than India.

British Virgin Islands is ranked as a some hardship location.

The hardship premium for British Virgin Islands for an expat from Australia, is for example 10%, i.e. host location (the British Virgin Islands) premium of 20% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in British Virgin Islands? Register subscribe to your home location and British Virgin Islands and run your personalised reports.